We have an opportunity to get long with a break and close above monthly resistance. Historically when this has happened the price has retraced for a brief retest before heading up.

Lets see how this pair responds this time, the risk to reward is big enough for taking the risk (for me).

Do your own analysis, we see lots of different opinions on this pair. I follow the signals that the price action gives me, in the end, the most important factor is being profitable over time despite being wrong every now and then.